Now is the Best Time to Lease a Tesla! Cybertruck & Model 3 Get Major Price Cuts
Last updated on February 2nd, 2025 at 03:24 pm
In a new announcement, Tesla has lowered lease prices for the Cybertruck AWD and Model 3 in the U.S.. This is making Tesla’s electric vehicle cheaper to lease.
According to the recent announcement monthly payments of Tesla are now up to 17% lower, helping more people afford EVs and keeping Tesla competitive in the market.
Tesla Lease Price Reductions
| Vehicle | New Lease Price | Previous Lease Price | Price Drop (%) |
| Cybertruck AWD | $749/month | $899/month | 17% ↓ |
| Model 3 Long Range RWD | $249/month | $299/month | 17% ↓ |
| Model 3 Long Range AWD | $349/month | $399/month | 12.5% ↓ |
| Model 3 Performance | $599/month | $599/month | No Change |
$7,500 Federal EV Tax Credit Still Applies
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You can still get a $7,500 federal EV tax credit when leasing a Tesla Cybertruck AWD or Model 3, making it even more affordable.
Why Did Tesla Drop Lease Prices?
This is a step by which Tesla is responding to growing EV competition from brands like Ford, Rivian, and Lucid while also adapting to changing market demand. Lower lease prices make it easier for new customers to transition to electric vehicles.
These changes in Tesla price cuts and the $7,500 tax credit now might be the best time to lease a Cybertruck or Model 3. Tesla’s pricing could change again and stay connected.
